Financial Planner

mbf; Greater London; Hybrid; GBP 65,000 - 80,000; Full time

Benefits offered by this job

Discretionary annual bonus

Private medical insurance

Death in service cover

Hybrid working

Study towards Chartered status

Job summary

mbf in London is seeking a Financial Planner to join an independent wealth manager. You will service an existing client bank alongside Discretionary Investment Managers, delivering integrated financial planning and advice.

The role requires Level 4 Diploma in Regulated Financial Planning, strong pensions and inheritance tax knowledge, and experience in risk profiling and cashflow forecasting. Hybrid working is offered with a salary of £65,000–£80,000 plus discretionary bonus and benefits.

Qualifications

• Level 4 Diploma in Regulated Financial Planning is essential.
• Strong knowledge of pensions and inheritance tax.
• Experience with suitability, risk profiling and cashflow forecasting.
• Comfortable working with investment managers as part of an integrated service.
• Team player with a client-first mindset and business awareness.

Responsibilities

• Provide financial planning and advice to an established bank of private clients.
• Carry out suitability work and assess risk tolerance and capacity for loss.
• Conduct cashflow forecasting and related planning activities.
• Incorporate pensions and inheritance tax planning where appropriate.
• Collaborate closely with Discretionary Investment Managers to deliver integrated planning and investment services.
• Develop new business through referrals or professional networks (not mandatory).

Education

Level 4 Diploma in Regulated Financial Planning

Chartered status (desirable)

Job description

City of London (Hybrid) | £65,000 – £80,000 plus bonus and benefits

We are working with an independent, long-established London wealth manager to recruit a Financial Planner to join their team.

Our client is an independently owned firm that has been advising private clients for several decades. Ownership sits with the family shareholders and the staff, which gives the business a long-term outlook and a culture noticeably different from the consolidator-owned end of the market. It is a boutique operation by headcount, with the average client portfolio in the region of £450,000.

What makes this one worth a look is that they are a genuinely integrated wealth manager. A team of Discretionary Fund Managers works side by side with a team of Financial Planners, so planning and investment management are delivered as one joined-up service rather than sitting in separate silos or being outsourced elsewhere. Your focus is purely on the planning and advice side.

THE ROLE

You will be servicing an existing client bank alongside the Discretionary Investment Managers. Day to day, that means:

• Providing financial planning and advice to an established bank of private clients
• Suitability work, and analysis of clients' risk tolerance and capacity for loss
• Cashflow forecasting and the planning that sits around it
• Pensions and inheritance tax planning, where strong technical knowledge is essential
• Working closely with the Discretionary Investment Managers so planning and investment are delivered as a single service
• New business development where the opportunity arises, through referrals or an existing professional network. This is encouraged but not targeted

No existing client book is required. If you have one that can move with you, that is a bonus rather than an expectation.

WHO THIS WILL SUIT

• Level 4 Diploma in Regulated Financial Planning, or equivalent (essential)
• Chartered status is not essential, but candidates ideally working towards it — the firm pays for study material and exams and provides study days
• Strong technical knowledge of pensions and inheritance tax (essential)
• Experience of suitability, risk profiling, capacity for loss analysis and cashflow forecasting
• Comfortable working alongside investment managers as part of an integrated proposition
• A team player with a client-first mindset, who is also mindful of the needs of the business

THE PACKAGE

• Salary in the region of £65,000 for a more junior planner, rising to £80,000 for someone chartered or close to it, with scope to go further for the right person
• Discretionary annual bonus, based on company profitability and personal contribution
• Private medical insurance
• Death in service cover
• 24 days' holiday on joining, rising to 30 days
• Hybrid working — three days in the office, two from home
• Full support towards Chartered status, including study material, exam fees and study days